Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
NASDAQ OMX BX EQUITY ONLY CALLS ISSUES DEC (DTN:@ICTRD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @ICTRD
The long term trend has been UP since Mar 1st, 2018 at 1006
The intermediate term trend has been UP since Mar 1st, 2018 at 1006
The short term trend has been DOWN since Oct 22nd, 2018 at 2
Smart Scan Analysis for @ICTRD
Based on a pre-defined weighted trend formula for chart analysis, @ICTRD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).